WNY Asset Management LLC Acquires 50,044 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

WNY Asset Management LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 414,209 shares of the company’s stock after buying an additional 50,044 shares during the quarter. Fidelity Total Bond ETF makes up 2.3% of WNY Asset Management LLC’s investment portfolio, making the stock its 11th largest holding. WNY Asset Management LLC owned 0.21% of Fidelity Total Bond ETF worth $18,586,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Drucker Wealth 3.0 LLC bought a new stake in Fidelity Total Bond ETF during the fourth quarter worth $1,013,000. Retirement Planning Group LLC NY bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $3,746,000. Sunbelt Securities Inc. grew its holdings in Fidelity Total Bond ETF by 9.5% during the 4th quarter. Sunbelt Securities Inc. now owns 14,422 shares of the company’s stock valued at $648,000 after buying an additional 1,256 shares in the last quarter. Retirement Planning Group LLC grew its stake in Fidelity Total Bond ETF by 69.8% during the fourth quarter. Retirement Planning Group LLC now owns 1,597,812 shares of the company’s stock valued at $71,694,000 after acquiring an additional 656,841 shares in the last quarter. Finally, Navalign LLC grew its position in shares of Fidelity Total Bond ETF by 5.4% during the 4th quarter. Navalign LLC now owns 666,172 shares of the company’s stock valued at $29,891,000 after purchasing an additional 33,936 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of NYSEARCA FBND opened at $44.98 on Friday. The stock’s 50-day simple moving average is $45.28 and its two-hundred day simple moving average is $45.31. The firm has a market capitalization of $18.21 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $47.30.

About Fidelity Total Bond ETF

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.